GDF Suez Sells 12.5% Stake In Elia To Publi-T For EUR160 Million
May 10 2010 - 1:24PM
Dow Jones News
French energy giant GDF Suez SA (GSZ.BT) said Monday that it had
concluded the sale of a 12.5% stake in Belgium's power grid
operator Elia System Operator SA (ELI.BT) to Belgian energy holding
Publi-T for EUR160 million.
GDF Suez will book a EUR122 million capital gain from the
transaction, the company said in a statement.
The French energy company said it will sell its remaining stake
in Elia depending on market opportunities.
-By Jethro Mullen, Dow Jones Newswires; 33 1 4017 1738;
jethro.mullen@dowjones.com
Elia Group SA NV (EU:ELI)
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